VELA Investment Management LLC Acquires 1,672 Shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS)

VELA Investment Management LLC increased its holdings in shares of John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) by 20.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,989 shares of the company’s stock after purchasing an additional 1,672 shares during the period. VELA Investment Management LLC’s holdings in John B. Sanfilippo & Son were worth $971,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in JBSS. nVerses Capital LLC acquired a new stake in shares of John B. Sanfilippo & Son during the 2nd quarter worth approximately $29,000. Bank of New York Mellon Corp grew its holdings in John B. Sanfilippo & Son by 1.1% in the second quarter. Bank of New York Mellon Corp now owns 136,987 shares of the company’s stock worth $13,311,000 after purchasing an additional 1,436 shares during the period. Nisa Investment Advisors LLC increased its stake in John B. Sanfilippo & Son by 81.7% in the second quarter. Nisa Investment Advisors LLC now owns 5,664 shares of the company’s stock valued at $550,000 after purchasing an additional 2,547 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of John B. Sanfilippo & Son during the second quarter valued at about $258,000. Finally, CWM LLC boosted its position in shares of John B. Sanfilippo & Son by 14.7% during the 2nd quarter. CWM LLC now owns 20,289 shares of the company’s stock worth $1,971,000 after purchasing an additional 2,604 shares in the last quarter. 70.64% of the stock is currently owned by institutional investors.

John B. Sanfilippo & Son Stock Performance

Shares of JBSS opened at $95.24 on Friday. John B. Sanfilippo & Son, Inc. has a one year low of $90.02 and a one year high of $108.96. The company has a market cap of $1.11 billion, a PE ratio of 17.13 and a beta of 0.09. The stock has a 50-day moving average of $97.89 and a 200-day moving average of $99.86. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.34 and a quick ratio of 0.77.

John B. Sanfilippo & Son (NASDAQ:JBSS) last announced its quarterly earnings data on Tuesday, August 20th. The company reported $0.86 EPS for the quarter. John B. Sanfilippo & Son had a return on equity of 19.45% and a net margin of 5.65%. The firm had revenue of $269.57 million during the quarter.

John B. Sanfilippo & Son Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Wednesday, September 11th. Shareholders of record on Tuesday, August 20th will be paid a $2.10 dividend. This represents a dividend yield of 2.09%. This is a positive change from John B. Sanfilippo & Son’s previous annual dividend of $2.00. The ex-dividend date is Tuesday, August 20th. John B. Sanfilippo & Son’s dividend payout ratio (DPR) is 15.29%.

About John B. Sanfilippo & Son

John B. Sanfilippo & Son, Inc, through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings.